Sunday, 31 May 2015

Trading Strategy For 01st June.Hurdle & Target 8502 -8540.

NF--0106
“If I have positions going against me, I get right out; if they are going for me, I keep them… Risk control is the most important thing in trading. If you have a losing position that is making you uncomfortable, the solution is very simple: Get out, because you can always get back in.” – Paul Tudor Jones
Last Close : 8458.65
NF--0106
Above is Daily Chart of Nifty Future
Today ,First of all it should cross High of Friday (  8472 )…..Crossover with volumes and stays above for 10-15 minutes 
Will take to 8489——————————-8502 level !!
Next Target :8517————-8540 level.
SUPPOSE-ASR
Not crosses High of Friday & Trades below 8459 with volumes then ?
Watch slide up  to  8415—-8401 level in panic !
Major Support levels at 8396 -3 DEMA ,7 DEMA @ 8375
FOR4
3 Consecutive close above 8499+Weekly close above this level ??
Next Target :8659———————————-8712 level !
HEADANDSHOULDER
Neckline of Head & Shoulder at 8540–8550 level.

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